Andre Cronje teases algorithmic stablecoin on Sonic with projected 19%+ APY
Sonic co-founder and lead architect Andre Cronje teased plans on March 25 to launch a new algorithmic stablecoin on the network within five weeks. Cronje highlighted that the new stablecoin could o...
Source: CryptoSlate
Sonic co-founder and lead architect Andre Cronje teased plans on March 25 to launch a new algorithmic stablecoin on the network within five weeks. Cronje highlighted that the new stablecoin could offer over 19% in annual percentage yield at $1 billion total value locked (TVL). He previously said on March 20: “Pretty sure our team […]